Unfortunately, we did not get an investor from Shark Tank. It is hard to say why. I do not know if it was because of our valuation, the pricing of the product or if it was because none of the sharks have any expertise within the field of EdTech. It would have been great to have a commercial profil join us.
I still own most of the company, and I think that we are now ready to invite new people into the company, who can give us what we need to make the next big move!
In December we landed an additional investment from Borean Innovation and WB Electronics. We are still open to new investors but we are doing really well in terms of our internationalisation. While Shark Tank was aired on Danish TV, I am for instance in Dubai, where I just signed a new contract with a reseller, who really sees potential in selling Hopspots in the entire Middle East. So we are working hard on getting Hopspots out into the world!